BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has
been filed in the United States District Court for the Western District
of Washington on behalf of a class consisting of all purchasers of the
common stock of SinoHub, Inc. (“SinoHub” or the “Company”) (OTC
Markets:SIHI) between May 17, 2010 and August 21, 2012, inclusive (the
“Class Period”).

“because of a delay in retrieving information requested
by our auditors to confirm prior period sales associated with our
electronic component sales business.”

SinoHub, together with its subsidiaries, operates as an electronics
company worldwide offering electronic component sales and services. The
Complaint alleges that the Company failed to implement and maintain
adequate internal controls over financial reporting, resulting in the
use of improper accounting procedures and the overstatement of the
Company's financial performance and prospects.

On August 21, 2012 SinoHub issued a press release announcing that it was
unable to file its quarterly report on Form 10-Q for the quarter ended
June 30, 2012 within the five-day extended period afforded to it
pursuant to a Notification of Late Filing on Form 12b-25 that the
Company filed with the Securities and Exchange Commission on August 14,
2012. According to the Company, it was unable to timely file its
quarterly report “because of a delay in retrieving information requested
by our auditors to confirm prior period sales associated with our
electronic component sales business.” In addition, the Company released
preliminary financial results for the quarter ended June 30, 2012
showing a net loss of $2.7 million for the quarter.

No class has yet been certified in this action. Until a class is
certified, you are not represented by counsel unless you retain one. If
you purchased SinoHub securities during the Class Period, you have
certain rights, and have until January 21, 2013 to move for lead
plaintiff status. To be a member of the class you need not take any
action at this time, and you may retain counsel of your choice. If you
wish to discuss this action or have any questions concerning this Notice
or your rights or interests with respect to these matters, please
contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone
at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com,
or visit our website at http://www.howardsmithlaw.com.